Stock Track | Domino's Pizza Plunges 5.07% Pre-market on Surprise U.S. Same-Store Sales Decline

Stock Track
04/28

Domino's Pizza (DPZ) shares tumbled 5.07% in pre-market trading on Monday following the release of its first-quarter earnings report, which revealed an unexpected decline in U.S. same-store sales. The world's largest pizza chain faced challenges as consumers tightened their spending on dining out amid high inflation and economic uncertainty.

The company reported a 0.5% drop in U.S. same-store sales, contrary to analysts' expectations of a 0.49% increase. This surprising decline highlights the impact of the current economic climate on consumer behavior, particularly in discretionary spending categories like dining out. Despite the domestic sales setback, Domino's international same-store sales grew by 3.7%, outpacing analyst estimates of 1.93% growth.

On a positive note, Domino's earnings per share for the quarter came in at $4.33, surpassing the Wall Street consensus of $4.07. The company's efforts to drive demand through initiatives such as the newly launched parmesan-stuffed crust pizza and promotional "boost weeks" offering 50% off on all online orders seemed to have partially mitigated the impact of reduced consumer spending. Additionally, Domino's recent partnership announcement with DoorDash, set to launch nationwide in May, could potentially boost sales in the coming quarters by expanding its delivery reach.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10